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Ferretti Group Board/Management Information 2024
6296_rns_2024-08-29_a83d964b-521a-43c7-ba70-7b3b512162d0.pdf
Board/Management Information
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
FERRETTIGROUP
Ferretti S.p.A.
(Incorporated under the laws of Italy as a joint-stock company with limited liability)
(Stock Code: 09638)
OVERSEAS REGULATORY ANNOUNCEMENT
This announcement is made by Ferretti S.p.A. (the "Company") pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").
The following document of the Company was published on the website of eMarket SDIR in Italy in accordance with and in the manners set forth in the Consob Issuer's Regulation and in compliance with the provisions of the Instructions accompanying the Rules of the Markets organised and managed by Borsa Italiana S.p.A..
The posting of the document on the website of The Stock Exchange of Hong Kong Limited is only for the purpose of facilitating equal dissemination of information to investors in Hong Kong and compliance with Rule 13.10B of the Listing Rules, and not for any other purposes.
By order of the Board
Ferretti S.p.A.
Mr. Alberto Galassi
Executive Director and Chief Executive Officer
Hong Kong, August 29, 2024
As at the date of this announcement, the Board comprises Mr. Alberto Galassi and Mr. Xu Xinyu as executive Directors; Mr. Jiang Kui, Mr. Piero Ferrari, Ms. Jiang Lan (Lansi) and Mr. Zhang Quan as non-executive Directors; and Mr. Stefano Domenicali, Mr. Patrick Sun and Ms. Zhu Yi as independent non-executive Directors.
FERRETTIGROUP
APPROVED THE CO-OPTION OF DIRECTOR JIANG KUI, THE APPOINTMENT OF THE NEW CHAIRMAN OF THE BOARD OF DIRECTORS AND THE NEW COMPOSITION OF INTERNAL BOARD COMMITTEES
Forlì, August 29, 2024 - The Board of Directors of Ferretti S.p.A. approved the co-option of Director Mr. Jiang Kui, the appointment of the new Chairman of the Board of Directors and the new composition of internal board committees.
Following the resignation of Director Mr. Tan Xuguang (Chairman of the Board of Directors, Non-Executive and Non-Independent Director), due to the reason of age, effective today, the Board of Directors appointed by co-option Mr. Jiang Kui, as Non-Executive and Non-Independent Director, pursuant to Article 2386 of the Civil Code.
The Board of Directors, on the basis of the statements made and the information available to the Company, has ascertained that Mr. Jiang Kui meets the good standing requirements set out in Article 147-quinquies of the CFA and that none of the legally established grounds for ineligibility apply to him.
The newly-appointed Director Mr. Jiang Kui - who will remain in office until the next Shareholders' Meeting - is granted the same emoluments as the other Directors, in addition of course to the reimbursement of expenses incurred for the execution of the role. Director Mr. Jiang Kui has declared not to take the emoluments.
Mr. Jiang Kui has declared that he currently does not hold any stake in the Company and the Group, including under Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). nor does the resigned Director Mr. Tan Xuguang.
With Director Mr. Tan Xuguang resigning from the Board, the Board of Directors has appointed Mr. Jiang Kui as the new Chairman of the Board of Directors.
The curriculum vitae of Director Mr. Jiang Kui is available on the Company's website www.ferrettigroup.com, section "Corporate Governance".
The Board of Director is therefore composed as follows: Mr. Jiang Kui (Chairman, Non-Executive Director), Mr. Xu Xinyu (Executive Director), Mr. Piero Ferrari (Non-Executive Director), Mr. Alberto Galassi (Executive Director), Mr. Stefano Domenicali (Independent Non-Executive Director), Mr. Zhang Quan (Non-Executive Director), Ms. Jiang Lan (Non-Executive Director), Ms. Zhu Yi (Independent Non-Executive Director), and Mr. Patrick Sun (Independent Non-Executive Director).
New Composition of Internal Board Committees
WALLY
FERRETTIYACHTS
PERSHING
ITAMA
RIVA
CRN
CUSTOM LINE
三三
FERRETTIGROUP
Considering that Mr. Tan Xuguang has resigned from Chairman of the Nomination Committee, Chairman of the Strategic Committee and Chairman of the Environmental, Social and Governance Committee, the Board of Directors has revised the composition of the committees as follows:
Nomination Committee: Mr. Jiang Kui (Chairman, Non-Executive Director), Mr. Stefano Domenicali (Independent Non-Executive Director), Mr. Alberto Galassi (Executive Director), Ms. Zhu Yi (Independent Non-Executive Director), and Mr. Patrick Sun (Independent Non-Executive Director).
Strategic Committee: Mr. Jiang Kui (Chairman, Non-Executive Director), Mr. Xu Xinyu (Executive Director), Mr. Alberto Galassi (Executive Director), Mr. Piero Ferrari (Non-Executive Director), Mr. Zhang Quan (Non-Executive Director), Mr. Patrick Sun (Independent Non-Executive Director).
Environment, Social and Governance Committee: Mr. Jiang Kui (Chairman, Non-Executive Director), Mr. Xu Xinyu (Executive Director), Mr. Alberto Galassi (Executive Director), Mr. Piero Ferrari (Non-Executive Director), Mr. Zhang Quan (Non-Executive Director), Ms. Jiang Lan (Non-Executive Director), and Ms. Zhu Yi (Independent Non-Executive Director).
Ferretti Group
Thanks to Italy's centuries-old yachting tradition, the Ferretti Group is a world leader in the design, construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of prestigious and exclusive brands: Ferretti Yachts, Riva, Pershing, Itama, CRN, Custom Line and Wally. Led by Chief Executive Officer Alberto Galassi, the Ferretti Group owns and manages seven shipyards located across Italy, which combine the efficiency of industrial production with typical world-class Italian craftsmanship, reaching customers in more than 70 countries across the world thanks to a direct presence in Europe, the United States of America and Asia and its network of approximately 60 carefully selected dealers. The Ferretti Group motor yachts, utmost expression of Made in Italy elegance and creative genius, have always stood out for their exceptional quality, cutting-edge technology, record safety and optimum performance in the sea, as well as their exclusive design and timeless appeal.
For more information: www.ferrettigroup.com
Investor Relations
Head of Investor Relations
Margherita Sacerdoti
Email: [email protected]
T.+39 02 83994 000
Email: [email protected]
Media Relations
Head of Media Relations
Giovanni Bogetto
Email: [email protected]
T.+39 02 83994 000
Barabino & Partners
Barabino & Partners
Federico Vercellino
WALLY
FERRETTIYACHTS
PERSHING
itana
Riva
CRN
CUSTOM LINE
三三
FERRETTIGROUP
Mob: +39 331.5745171
Virginia Bertè
Mob: +39 342.9787585
WALLY
三
FERRETTIYACHTS
PERSHING
itana
Riva
CRN
CUSTOM LINE